Ecuador vs Iceland: Total factor productivity
Ecuador
1.04
in 2023
Iceland
1.04
in 2023
Ecuador rank
17th
Iceland rank
14th
Total factor productivity over time
- Ecuador
- Iceland
How they compare
Iceland currently reports 1.04 against 1.04 in Ecuador, a difference of 0.
The two have swapped places 9 times across 70 shared years of data; in 1954 it was Ecuador ahead.
Ecuador ranks 17th and Iceland ranks 14th of 120 countries.
Ecuador has averaged higher in every one of the 8 decades both report.
Head to head by decade
| Decade | Ecuador | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 0.7173 | 0.5353 | 0.182 | Ecuador |
| 1960s | 0.738 | 0.6065 | 0.1315 | Ecuador |
| 1970s | 0.8493 | 0.7311 | 0.1182 | Ecuador |
| 1980s | 0.8492 | 0.8228 | 0.0265 | Ecuador |
| 1990s | 0.8332 | 0.8203 | 0.0129 | Ecuador |
| 2000s | 0.9026 | 0.8864 | 0.0162 | Ecuador |
| 2010s | 1.02 | 0.9617 | 0.0629 | Ecuador |
| 2020s | 1.02 | 1.01 | 0.0139 | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factor productivity, Ecuador or Iceland?
- Iceland, at 1.04 against 1.04 in Ecuador as of 2023.
- What is the difference in total factor productivity between Ecuador and Iceland?
- 0, with Iceland ahead.
- How many years of comparable data are there for Ecuador and Iceland?
- 70 years are reported by both, from 1954 to 2023.
- How do Ecuador and Iceland rank globally for total factor productivity?
- Ecuador ranks 17th and Iceland ranks 14th of 120 countries.
- Where does this data come from?
- Our World in Data, published as Total factor productivity. Statizoid refreshes it automatically from the source and publishes the full history for both places.